Mortgage Rates Stable Despite Economic Slowdown
Update: 2025-12-18
Description
Mortgage rates remained stable this week, with the average thirty-year fixed rate at six point two one percent and fifteen-year rates at five point four seven percent. Despite a slight increase in unemployment, the ten-year Treasury yield didnt change, keeping mortgage rates steady. Mortgage applications for new home purchases and refinancing have decreased, and the Federal Reserves rate cut had minimal impact on mortgage rates.
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